Pakistan Oilfields Limited

Accounts in this report: Group and Company only.

POL posted a 51% jump in standalone profit after tax to Rs 8,192 million and consolidated profit of Rs 8,558 million for the quarter ended September 30, 2026. Net sales rose 26% on 31% higher crude prices and 34% higher gas volumes, partly offset by lower crude and POLGAS volumes. Exploration spending fell 83% to Rs 193 million, while other income rose 58% to Rs 2,939 million. Cash and investments remain substantial, with cash and bank balances of about Rs 93 billion and mutual funds of Rs 31.7 billion. A proposed final dividend of Rs 72.5 per share was recognized, and the company is awaiting an Islamabad High Court ruling on the Windfall Levy case with a hearing adjourned to October 30, 2026. Drilling and seismic programs continue across Ikhlas, Tal, Pariwali, Turkwal and North Dhurnal blocks.

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